Chime vs. GO2bank
Chime's Chime High-Yield Savings Account advertises 3.75% APY.
GO2bank's High Yield Savings advertises up to 4.50% APY. The 4.50% applies to the first $5,000. The bank states no rate for the balance above that.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
On a $10,000 balance, Chime's Chime High-Yield Savings Account earns about $375 in a year. GO2bank's High Yield Savings states no rate for the balance above $5,000, so this page gives no figure for it on $10,000.
Choose Chime if BBB rating matters to you.
Important Considerations
GO2bank's 4.50% APY applies only up to $5,000. The bank states no rate for the balance above that.
Both Chime High-Yield Savings Account and High Yield Savings advertise their top rate only if you also open a checking account at the same institution.
| Metric | ChimeChime High-Yield Savings Account Oct 5, 2026 | GO2bankHigh Yield Savings Oct 5, 2026 |
|---|---|---|
| APY | 3.75% | Up to4.50%On the first $5,000 · no rate stated above |
Earns in a year | $5,000+$188 $10,000+$375 $25,000+$938 | $5,000+$225 $10,000+$225 $25,000+$225 |
Min. Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
Terms | - | A GO2bank checking account is required to open a savings account. The stated APY is up to $5,000. Balances above that earn no interest. |
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDirect Deposit ReqChecking BundleDaily Compounding | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppChecking BundleStable Rate |
Looking for Simplicity?
Don't want a checking bundle? We track many savings and money market accounts that pay competitive rates without checking requirements.
Executive Summary
Chime last changed its rate on April 30, 2026, with an increase of 75 basis points; GO2bank has not changed since at least January 21, 2026. Chime offers a standard rate of 3.75% on its High-Yield Savings Account, applicable at balances of $1,000 and above. Meanwhile, GO2bank advertises a standard rate of 4.5% on its High Yield Savings, effective for balances of $1,000 to $5,000. Both banks have maintained their rates since their respective series starts, with Chime's series beginning on February 17, 2026, and GO2bank's on January 21, 2026.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why Chime?
- Higher rated Android app (4.7 vs 4.4)
Why GO2bank?
- Higher potential APY (4.50% vs 3.75%) (first $5,000 only, checking account required)
Key Feature Differences
Better Returns at $10,000
ChimeChime's Chime High-Yield Savings Account earns more on smaller deposits (approx. $375 vs $225/yr).
Better Returns at $25,000
ChimeChime's Chime High-Yield Savings Account pulls ahead with larger amounts (approx. $938 vs $225/yr).
Requires Banking Relationship
Chime High-Yield Savings Account and High Yield Savings both require a checking account bundle to pay their highest rates.
Shared Benefits
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Chime vs. GO2bank Savings Calculator
You earn $154.7 more with Chime than GO2bank on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
Chime
Chime High-Yield Savings Account
Savings Breakdown
- Interest Earned+$375.00(3.6%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,375.00
GO2bank
High Yield Savings
Savings Breakdown
- Interest Earned+$220.30(2.2%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,220.30
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still at a large branch bank?
A typical branch-bank savings rate is 0.05% APY. On a $10,000 balance, the gap to these two banks is at least $220 a year in interest.
Both Chime and GO2bank advertise far more than that typical branch-bank rate.
| Feature | Chime | GO2bank |
|---|---|---|
| APY | 3.75% Observed: 10/5/2026 Stable over 90 days | 4.50% Observed: 10/5/2026 Stable over 90 days |
| Product Name | Chime High-Yield Savings Account | High Yield Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0.01 | $0 |
| Monthly Fee | $0 | $5 per month, unless you set up direct deposit |
| Compound Frequency | Daily | Quarterly |
| Branches | None | None |
| Physical Branches | Not reported | Not reported |
| Direct Deposit Req. | Required | None |
| Checking Bundle | Yes | Yes |
| Mobile Apps | ||
| FDIC or NCUA Insured | Yes | YesVerify FDIC |
| Zelle® Support | Not Supported | Not Supported |
| BBB Rating | A+ | F |
| Important Notes | - | A GO2bank checking account is required to open a savings account. The stated APY is up to $5,000. Balances above that earn no interest. |
| Next Steps | Visit SiteVerify at Chime Non-sponsored link to official site | Visit SiteVerify at GO2bank Non-sponsored link to official site |
What each bank pays on deposits
An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced the savings and money market deposits it already holds, over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.
Chime
Chime is not a bank and files no call report. Its deposits are held at partner banks.
Each figure is that bank's own charter-level average across its whole deposit book, so the two are shown one after the other and are not a ranking.
GO2bank
The two figures answer different questions, so they sit side by side and are not combined. The 4.50% applies to the first $5,000. The bank states no rate for the balance above that.
In Q2 2026, Green Dot Bank Dba Bonneville paid a higher average rate on savings and money market deposits than 0% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
How to read these figures
What the average covers. It is an average across the whole bank, taken from its own quarterly FDIC call report. It covers savings accounts and money market deposit accounts, personal and business, at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years. The FDIC line does not separate consumer accounts.
The second figure. The scale row also shows the average across all interest-bearing deposits: savings, interest checking, money market accounts, CDs, personal and business. That figure covers the whole deposit book. The two are shown separately and are not combined.
What the advertised rate covers. It is the rate that this bank advertises now for a new savings account. Banksparency records it from the bank's website on the date shown beside it.
Why the two differ. They measure different things, so this page shows them side by side and keeps them apart. An advertised rate applies to one account, opened now, at today's price. The average also includes older savings balances at the rates of earlier years, money market balances that were priced in a different rate environment, and business accounts. An average below an advertised rate is the usual result of that arithmetic. On its own it is not evidence about the account that you would open.
What the average is useful for. The bank files the data itself, under reporting instructions that are the same for every filer, and the same computation runs for every bank on this site. That makes it comparable in a way that an advertisement is not. Two things on this page read it: the percentile, which shows where the quarter sits among all filers, and the chart, which shows the direction the figure has moved across quarters.
What the average cannot tell you. It cannot tell you the rate that you would earn. No single customer earns the average. For your rate, read the advertised rate above and the rate tables on this page, each with the date it was observed.
What to do next. Use the advertised rate to work out what a new account earns. Use the chart to see how the quarterly average has moved against the all-bank median. Then compare the advertised rate against the current rates on the savings-rate tables before you open an account.
Definitions: Call Report · Rate Paid on Deposits · Interest-Bearing Deposits · Front Book and Back Book · Deposit Rate Percentile
Average annualized rates paid on savings and money market deposits, and on all interest-bearing deposits, quarterly. The FDIC line for savings includes money market deposit accounts and business savings deposits and does not separate consumer accounts. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated. The percentile counts the banks that paid strictly less on savings and money market deposits, one vote per bank, among the banks that reported a figure for the quarter.
Compare Savings Rates Over Time
Compare Similar High-Yield Accounts
Compare Chime vs...
Comparing against other Bundled Accounts
Compare GO2bank vs...
Comparing against other Bundled Accounts
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More Comparisons
Compare Chime's APY of 3.75% with other banks
Compare GO2bank's APY of 4.50% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| GO2bank vs Ally Bank | 3.10% | $0 |
| GO2bank vs American Express | 3.10% | $0 |
| GO2bank vs Axos Bank | 4.21% | $0 |
| GO2bank vs Barclays | 3.65% | $0 |
| GO2bank vs Capital One | 3.10% | $0 |
| GO2bank vs CIT Bank | 3.75% | $100 |
| GO2bank vs EverBank | 4.20% | $0 |
| GO2bank vs Marcus by Goldman Sachs | 3.50% | $0 |
| GO2bank vs Newtek Bank | 4.20% | $100 |
| GO2bank vs Openbank | 4.15% | $500 |
| GO2bank vs Pibank | 4.25% | $0 |
| GO2bank vs SoFi Bank | 4.20% | $0 |
| GO2bank vs Synchrony Bank | 3.55% | $0 |
| GO2bank vs Varo Bank | 3.75% | $0 |
| GO2bank vs Wealthfront | 4.20% | $0 |